Twitter icon Email alerts icon Latest News RSS icon Magazine icon Stay connected:

View the article online at http://citywire.co.uk/wealth-manager/article/a746413

WMA calls on the FCA to reconsider FSCS levy burden

by Elsa Buchanan on Apr 15, 2014 at 14:50

WMA chief executive Dr Tim May (pictured) added he 'absolutely agreed with the principle that the investment community funds a compensation scheme to protect investors from industry failures, but in order to maintain the support of that community, it has to be fair.'

'It is time that product providers and promoters take on their share of this funding burden. We now call on the FCA to investigate this problem urgently.'

Sign in / register to view full article on one page

leave a comment

Please sign in here or register here to comment. It is free to register and only takes a minute or two.

News sponsored by:

Sponsored Video: Bringing it all back home


As the UK coalition government strives to rebalance the national economy, so called 'reshoring' looks set to play an increasingly important role in economic recovery.

Today's top headlines

Investing for income in a changing environment


With talk on interest rates on the horizon, our latest roundtable debate covers income investing against a changing backdrop

On the road

Click here to find out more from the Audience Development team.

Sorry, this link is not
quite ready yet